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7700 Sharon Mercer Rd, Mercer, PA, 16137

--beds
--baths
--sqft
$259,000
--price/sqft
$1,901/moest. monthly cost
$76,040/yrincome needed

About This Home

Prime 8.93-acre development parcel located along the highly visible Route 62 corridor in East Lackawannock Township, Mercer County (Parcel #04-161-003). This corner tract offers frontage on Route 62, Flat Road, and Old Sharon Road, providing excellent exposure and multiple access points. The property has been cleared and is undergoing final grading, creating a shovel-ready opportunity for commercial-edge development, contractor yard, flex space, storage use, or other enterprise applications (subject to township approval). Commercial properties are located directly across the corridor, reinforcing the area’s established enterprise character. Road setbacks include approximately 100 feet from Route 62 and Flat Road and 75 feet from Old Sharon Road. After accounting for setbacks, the parcel offers approximately 5± acres of practical buildable area, allowing flexibility for building placement, parking, stormwater, and future expansion. Two existing billboard easements are located along the Route 62 frontage. The easements are limited in footprint and positioned along the perimeter of the property. Billboards are non-income producing. Seller is in the process of completing final grading to maintain a clear central development footprint. These improvements are intended to preserve primary buildable acreage and provide a clean, development-ready canvas for the next owner. With nearly nine acres of cleared land, strong corridor visibility, and commercial adjacency, this property presents a rare opportunity for developers, contractors, or investors seeking scalable land in a well-traveled Mercer County location.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Mercer Area El SchoolGrades K-63.7 mi
5/10
7/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Zoning: Agr/R
  • Zoning description: Agr/R

Lot

  • Lot size: 8.93 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Winter Weather
Hail
Tornado

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,309$15,708
Home Insurance *$140$1,680
Property Taxes $228$2,736
Electricity $224$2,692
Total$1,901$22,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,177/yr
40% on housing$57,030/yr
45% on housing$50,693/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -3.3%
-3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 16137$211
Mercer County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 16137$425
Mercer County$85

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-01Listed for sale$259,000

For Sale by Agent

AgentJames Bickel
BrokerageLOCAL REAL ESTATE LLC

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